Mr. Anadkat holds an MBA from Cornell University and a BSc (Hons) Economics from the University of London. Prior to returning to Malawi to establish First Merchant Bank, he worked in a corporate finance house in USA specialising in mergers, acquisitions and company valuations.

He also holds other directorships in a number of sectors of the Malawi economy, principally, banking, telecommunications, manufacturing and property development. Mr. Anadkat was appointed Chairman in August 2015.